IGR RBR

Ann: Integra Earns 51% Equity in the Peters Dam J, page-2

  1. moorookamick
    23,958 Posts.
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    03/08/12
    11:59
    Post #: 10523232
    re: Ann: Integra Earns 51% Equity in the Pete... It doesnt seem sensible for IGR to farm into Rubicon for $1.5 mil for a 51%
    stake in a tenement adjacent to IGR ( best drill results sub 2g/t AU) when
    the complete market cap of Rubicon ( including its other tenements) is $1.74 mil.
    For another $240K IGR could have bought the complete company!

    cheers
    Moorookamick
    IGR Price at posting: 31.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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